2-web-or-mls-IMG_8985_1 - 500 Parnell Drive, Raleigh, NC 27610, Raleigh
DOWNTOWN RALEIGH - 500 Parnell Drive, Raleigh, NC 27610, Raleigh
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Screenshot 2026-08-06 at 1.51.59PM - 500 Parnell Drive, Raleigh, NC 27610, Raleigh
30 photos

$251,500

500 Parnell Drive, Raleigh, NC 27610
Raleigh, NC 27610
Listed by Reese Hampton Jahoo · LPT Realty, LLC
Bedrooms
2
Bathrooms
1
Living area
N/A
Year built
1955

About this home

Just minutes from the heart of Downtown Raleigh, this beautifully ranch-style home has been refreshed and is ready for new buyers! Situated on a private lot with no visible neighbors to the right or back of the home, it provides a nice blend of space, convenience, and modern updates. Recent improvements include a new roof, windows, paint, cabinetry, countertops, appliances, and much more. The floor plan is simple, on one side of the home, you'll find an open living area that blends into the kitchen and dining space. On the other side are two bedrooms and a beautifully updated full bathroom. Just off the rear deck, the lower-level flex space provides an additional ~182 square feet, making it ideal for storage, a workshop, hobby space, or other uses. Whether you're searching for your first home, a great investment, or simply want to be close to everything Raleigh has to offer, this is a great opportunity in terms of value and price!

Property details

MLS #
10184699
Property type
Single Family Residence
Subdivision
Long Acres
Status
Active
Days on market
64
On market date
August 6, 2026
Stories
N/A
Total bathrooms
1
Garage spaces
N/A
Parking spaces
2
Lot size
0.23 acres
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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card (e.g. NC Dept. of Public Instruction, SC Report Card).

Elementary
Poe Elementary
0.36 mi away · Grades -1-5
Zoned school (attendance boundary, 2015-16 data)
3.6
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: C (2025)
Enrollment
276
Student:teacher ratio
8.6:1
District
Wake County Schools
Middle
Moore Square Middle
1.28 mi away · Grades 6-8
Zoned school (attendance boundary, 2015-16 data)
4.0
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: B (2025)
Enrollment
609
Student:teacher ratio
12.4:1
District
Wake County Schools
High
Needham Broughton High
2.54 mi away · Grades 9-12
Zoned school (attendance boundary, 2015-16 data)
3.7
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: B (2025)
Enrollment
2,098
Student:teacher ratio
16.1:1
District
Wake County Schools

Walkability

Blended score for Raleigh's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

69
Walkable
out of 100
EPA National Walkability Index
11.0 / 20 -- Above average walkable
Google Places amenity density
90 / 100
Restaurants & cafes20
Grocery stores2
Parks11
Schools8
Transit stops20
Pharmacies4

Market position

How this listing compares to current activity in Raleigh, from live MLS data.

On the market 64 days -- 39 fewer days than Raleigh's current average of 103 days.
For reference, the median list price across 2,844 active listings in Raleigh right now is $375,000.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

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Adjust tax / insurance estimates
% / yr
$
/mo
Est. monthly payment
$1,665/mo
$50,300 down
$201,200 loan
Principal & interest$1,305
Property tax (est.)$210
Home insurance (est.)$150

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Data source: Listing information provided by Doorify MLS via Trestle/CoreLogic. Last updated September 8, 2026.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.